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DEMIRE Deutsche Mittelstand Real Estate AG Lyoner Straße 32 60528 Frankfurt/Main, Germany http://www.demire.ag
Contact Mr Pascal Bolsinger +49 6171 9518840
Company logo of DEMIRE Deutsche Mittelstand Real Estate AG
DEMIRE Deutsche Mittelstand Real Estate AG

MAGNAT achieves Group net income of EUR 12.9 million in financial year 2011/12

Results largely impacted by a change in accounting

(PresseBox) (Frankfurt/Main, )
MAGNAT Real Estate AG's ("MAGNAT", ISIN DE000A0XFSF0) results for financial year 2011/12 were largely impacted by an accounting change. Based on the examination of the accounting as per March 31, 2010 by the German Financial Reporting Enforcement Panel (Deutsche Prüfstelle für Rechnungslegung, DPR), the consolidated financial statements for financial years 2009/2010 and 2010/2011 were adjusted retrospectively concerning the integration of the R-QUADRAT Group. The adjustments carried out are described in detail in the notes to the current annual report.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.